News

Verizon said on Thursday it will buy fiber-optic internet provider Frontier Communications in an all-cash deal worth $20 billion, as the U.S. wireless carrier looks to grow its subscriber base.
Frontier Communications shareholders have approved a $9.6 billion sale to Verizon , the company said on Wednesday, even as a number of large investors sought to get a higher price.
Despite potential synergies, I believe the market's prevailing bullish rating overestimated the upside impacts of the deal. Furthermore, the acquisition price represents a 44% premium.
Buffett eyes Frontier acquisition arbitrage This return is currently better than the 4% to 4.3% offered by other investments. If the deal goes through, it will trigger a tax event for investors.
Frontier Communications Parent Inc.'s stock fell 9% after Verizon Communications Inc. confirmed its plan to acquire the company in a $20 billion all-cash deal. But Fro ...
The report didn't mention a possible price; Frontier's market capitalization surged to around $9.6 billion after the stock jumped in response to the news of the possible deal.
Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Skip to content. Fox 8 Cleveland WJW. ... fell 9% before the market opened on Thursday.
Shares of Frontier Communications soared 38% after the Journal reported Verizon is in advanced talks to acquire the Dallas-based fiber provider. Verizon shares edged 3.4% lower. Read more: ...
Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a probe by the Trump administration and scrutiny of a proposed acquisition.
Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network. Verizon Communications Inc. said Thursday that the transaction will also help it in the areas of ...
AT&T* will work with Frontier Communications to bring fiber-optic connectivity to large enterprise customers outside AT&T's current footprint. The two companies signed multi-year strategic ...